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New American Funding Branch

Coon Rapids

10160 Foley Blvd NW Suite 200
Coon Rapids, MN 55448

Let your dreams come true; your journey home begins here.

New American Funding is a large national mortgage lender with home-grown, small business values. New American Funding is nationally recognized as a true industry leader; the company plays a large role in influencing legislation, developing change-making conversations with Fannie Mae and Freddie Mac and establishing itself as one of the foremost experts on affordable lending to underserved borrowers. Our company culture, business model and every level of operations are governed by integrity.

For our clients’ benefit, we are committed to efficient lending. New American Funding is an all-inclusive mortgage bank. We offer a variety of purchase home loans and refinance loan options including Conventional, FHA, Cash Out, Fixed Rate and Adjustable Rate Mortgages, VA, HARP 2.0, Jumbo and Reverse Mortgages. From origination to funding, our underwriters and funders all work in-house creating a cohesive team that enables us to close loans fast and improve the customer experience. With complete servicing under one roof we have better control of the service experience and our clients can rest easy knowing their home financing is in the right hands.

Our Coon Rapids team of 14 Loan Consultants is led by Branch Managers Jon Peterson, and Mike Allen. They pride themselves on maintaining a positive environment for employees and clients alike. The Coon Rapids branch is more than a group of co-workers sharing a mutual space. The team members of the Coon Rapids Branch act as a “work family,” and operates as a team.

The team provides efficient turn-times, embodies excellent communication skills and adapts quickly to change so clients can have the best possible home financing experience. We understand that open communication is key and your trust is earned through transparency and understanding. New American Funding makes it our business to keep you up-to-date with accurate, current information through every step in the lending process.

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  • By clicking "Get a Quote" I agree by electronic signature to: 1) Receive disclosures and communications about my loan inquiry in electronic form (I confirm that I have a working computer system and internet website browser to view this webpage); 2) Be contacted about a mortgage by a live agent, artificial or prerecorded voice, and SMS text at my residential or cellular number, dialed manually or by autodialer (consent to be contacted is not a condition to purchase services) and to be contacted via email; I consent to be contacted even if my phone number or email address appears on a New American Funding Do Not Call / Do Not Email List, a State or National Do Not Call Registry, or any other Do Not Contact List.

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Zillow review of

Bob Haft

"Bob Haft was our loan officer for the mortgage on our current home. We had a great experience working with him. He was very professional and extremely competent. He is someone who really cares about your needs and goes above and beyond to help his clients. We worked with other loan officers on previous purchases; Bob was the only one we felt was working ‘for us’ to get the best deal out there. I would highly recommend Bob as your mortgage loan officer for your next purchase." - teska08

FaceBook review of

Sandy Morgan

"Sandy is an incredible lender! Her knowledge of the ever-changing mortgage industry is exactly what a Realtor needs! I have recommended Sandy to many of my clients and she has always been able to meet their mortgage needs. Her level of professionalism is unsurpassed in this industry and it is with the utmost confidence that I will continue to send clients to her that are in need of a mortgage." -- Mary C. (Realtor) –

FaceBook review of

Chao Vang

"My sister and I had a very good first time home buying experience working with Chao! He made sure everything was on time and he was consistently checking up on us. I would really recommend him for future mortgage loan process. You won’t regret it!" – Jana R. –

FaceBook review of

Barbara Tornell

“Barb is very professional, always responds quickly to questions and concerns and gives detailed explanations. She is very kind and compassionate with all of my clients.” – Debbie R. (Realtor) –

FaceBook review of

Bruce Stensrud

"Bruce did an excellent job helping my wife and I consolidate and refinance our mortgage. He was very professional from my first call regarding refinancing, helping choose the correct product for our needs, getting us the lowest rate possible, gathering information and closing within a very short time period. I would recommend Bruce to all my friends and family." – Ron F. –

FaceBook review of

Jon T Peterson & Connor Peterson

"Great guys, very professional and respectful." – Nick N. –